The $66 million funding brings the total amount of private
investment in the Anaheim, California based company to more than
$766 million, according to company spokesman Roger Ormisher. It
adds to the $67 million raised as part of the same financing
round, according to a Dec. 1 filing, and follows the $305
million the company received in earlier investments this year.

“In the current market situation, we thought it prudent to
continue this policy and raise money that was potentially
available,” Fisker said today in an e-mailed statement. The
company has expanded its target for the latest round to $300
million from $150 million.

The company has investments from Asia and the Middle East,
Ormisher said. He wouldn’t name the investors in the current
round of financing.

The Irvine, California-based company began U.S. shipments
of its Karma model vehicles in October from Valmet Automotive
Oy’s plant in Uusikaupunki, Finland. The $88,000 plug-in hybrids
have one lithium-ion battery that powers two electric motors for
as far as 50 miles (80 kilometers). A gasoline-powered engine
can power the motors to extend the range an additional 250
miles.

Fisker plans to make its cheaper Nina model cars at a
former General Motors Co. factory in Wilmington, Delaware, after
converting it with private funding and $529 million in loans
from the U.S. Department of Energy.